In one of the biggest Stock Market flotations of 2024, leading sports health brand Applied Nutrition and its advisors Deutsche Numis and Addleshaw Goddard needed to appoint a financial printer to assist with preparation and publication of the listing Prospectus for its planned IPO, seeking to raise up to £220m.
Based in Liverpool, Applied Nutrition is backed by sportswear giant JD Sports, with four prominent and highly successful Northwest entrepreneurs committing to invest a combined £25m in the IPO as cornerstone investors.
Given the publicity surrounding the potential listing in a difficult market for IPOs, appointing a provider who could guarantee Applied Nutrition and its advisors flexibility, speed and confidentiality was of paramount importance.
Black&Callow was appointed given its consistent ranking as the number one financial printer for Main Market and larger AIM IPO’s and around the clock project management by the most experienced IPO team in the market.
Given the potentially tight deadlines surrounding typesetting and production of its 193 page Prospectus, the company’s legal counsel also benefited from B&C’s unrivalled in-house 24hr typesetting capacity: as the only provider in the market not to sub-contract this critical element, confidentiality could be guaranteed along with last-minute flexibility around production and publication.
Applied Nutrition successfully completed its IPO - the second largest UK Main Market listing of 2024 - on the London Stock Exchange on 29th October 2024, raising £157.5m and valuing the business at £350m.
If you’d like to find out how we can ensure the success of your most prestigious IPOs, chat with us today: hello@blackandcallow.com